MicroStrategy, one of the leading business intelligence companies, has substantially increased its Bitcoin holdings, cementing its status as the biggest corporate owner of the digital currency. Between March 17 and March 23, 2025, the company bought another 6,911 Bitcoins for about $584.1 million in cash. This acquisition takes MicroStrategy’s Bitcoin holdings to 506,137, worth more than $44 billion as of March 24, 2025.
This acquisition was financed by proceeds from MicroStrategy’s continuing stock sale programs, and its at-the-market (ATM) offerings, for both its common stock (MSTR) and its new preferred stock (STRK). In this time, the firm sold 1,975,000 shares of MSTR, collecting $592.6 million after expenses, and 13,100 shares of STRK, its 8% Series A Perpetual Preferred Stock, bringing in an additional $1.1 million. As per the company’s 8-K filing, around $3.57 billion of MSTR shares and $20.99 billion of STRK shares are still available for sale under the respective ATM programs.
MicroStrategy’s aggressive Bitcoin approach, led by Executive Chairman Michael Saylor, continues to position it as the largest corporate Bitcoin holder in the world, far ahead of other companies such as Tesla. The company has always maintained that it regards Bitcoin as its “primary treasury reserve asset” and is not letting up on its accumulation. As of March 23, 2025, the firm, including its subsidiaries, owned a total of about 506,137 Bitcoins, bought at a total purchase price of about $33.7 billion.
The firm’s huge bet on Bitcoin has also helped its stock performance. MicroStrategy shares rose 7% to $325.30 on March 24, 2025, ahead of the S&P 500, which increased 1.7% on the day. MicroStrategy has outperformed the general market year to date, rising 12% while the S&P 500 is down 2%. This move is consistent with Bitcoin’s latest price gain of 3.9% in the last 24 hours, to $88,349.
MicroStrategy’s Bitcoin investment strategy has attracted debate in the financial and cryptocurrency worlds. While some applaud the company’s proactive approach to asset diversification, others criticize the dangers of such a high exposure to a volatile asset. In spite of such mixed views, MicroStrategy continues to pursue its Bitcoin acquisition strategy as a hedge against inflation and a store of value in an ever-digitizing economy.
In summary, MicroStrategy’s latest $584 million Bitcoin investment, taking its holdings to more than 500,000 Bitcoins, reflects the company’s unshakeable faith in the long-term prospects of the cryptocurrency. Not only does this make MicroStrategy the largest corporate Bitcoin holder but also reflects the increasing trend of companies adopting digital assets as part of their treasury management.
